IGSM GROUP INC., Holding Company Completes First Acquisition
24 Febrero 2012 - 8:22AM
Marketwired
IGSM GROUP INC. (PINKSHEETS: IGSM) today announced its first
acquisition, Old World Sausage Factory, a manufacturer of meat
products since 1954. The company will operate as a wholly
subsidiary of IGSM. This is inline with IGSM's recent announcement
and corporate restructuring as a Holding Company.
The President of Old World Sausage Factory, Steven Chase,
stated, "I have been an investor in IGSM for over a year and have
come to know the management and their capabilities. I am confident
in their ability to help bring the Old World Sausage Factory name
and products to a national audience. I have been in the Food &
Beverage industry for 25 years, but actually I was born into it. My
Grandfather, Leonard Pines, the former President of Hebrew
National, was my idol. He and his father took a fledgling business
and turned it into a national brand. I grew up learning the food
business from one of the industry legends."
IGSM will announce other acquisitions in the coming weeks as
well as plans for its media and marketing products.
IGSM is a U.S. based company that will allow its subsidiaries to
produce, and distribute goods and provide services internationally
and in North America. In addition, IGSM GROUP will provide business
and financial consulting services. Headquartered in Florida, IGSM
with its diverse enterprises' and unique infrastructure will
provide a platform to expand business opportunities globally while
effectively and efficiently accessing the U.S. capital markets.
Safe Harbor Statement The information posted in this release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. You can identify
these statements by use of the words "may," "will," "should,"
"plans," "explores," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
projected or anticipated. These risks and uncertainties include,
but are not limited to, general economic and business conditions,
effects of continued geopolitical unrest and regional conflicts,
competition, changes in technology and methods of marketing, and
various other factors beyond the Company's control.
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Contact: Investor Relations IGSM GROUP INC. Email Contact: Email
Contact www.igsmgroup.com
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